Exclusive Dialogue with MOFCOM on Guo Fa [2017] No. 39

2017-09-08 | Beijing

The European Chamber hosted an ‘exclusive dialogue’ with Ye Wei, deputy director-general of the Department of Foreign Investment Administration at the Ministry of Commerce of the People's Republic of China (MOFCOM), to help explain the 2017 Notice of the State Council on Several Measures for Promoting Growth of Foreign Investment (Guofa [2017] No. 39). Michael Chang, vice-president of the European Chamber, delivered the opening remarks and moderated the question and answer (Q&A) session. After sharing the latest Chinese trade and investment data, Mr Ye reaffirmed the Chinese Government’s intentions to further open-up the domestic market to foreign investors. He expounded on this by outlining the impact particular sections of Guofa [2017] No. 39 will have on the investment market and responded to questions on the interplay between the 2017 Notice on Several Measures on Promoting Further Openness and Active Utilisation of Foreign Investment, Guofa [2017] No. 39, and the (draft) Foreign Investment Law of the People's Republic of China.